Athlon Energy Prices Secondary Public Offering of Common Stock

July 31, 2014 06:06 PM Eastern Daylight Time

FORT WORTH, Texas--(BUSINESS WIRE)--Athlon Energy Inc. (NYSE: ATHL) (“Athlon”) announced today the pricing
of an underwritten public offering by certain selling stockholders that
are funds affiliated with Apollo Global Management, LLC (NYSE: APO) of
12,500,000 shares of common stock at $46.25 per share. The selling
stockholders have also granted the underwriters a 30-day option to
purchase up to an additional 1,875,000 shares of Athlon’s common stock
at the public offering price. The offering is expected to close on
August 6, 2014, subject to customary closing conditions. Athlon will not
sell any shares of common stock in the offering and will not receive any
proceeds therefrom.

Athlon is an independent exploration and production company focused on
the acquisition, development and exploitation of unconventional oil and
liquids-rich natural gas reserves in the Permian Basin.

Important Information

A registration statement relating to these securities has been filed
with, and declared effective by, the United States Securities and
Exchange Commission (the “SEC”). The registration statement may be
obtained free of charge at the SEC’s website at www.sec.gov
under the registrant’s name, “Athlon Energy Inc.” This press release
shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of
any such state or jurisdiction.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent Athlon’s expectations or beliefs concerning future
events, and it is possible that the results described in this press
release will not be achieved. These forward-looking statements are
subject to risks, uncertainties and other factors, many of which are
outside of Athlon’s control, which could cause actual results to differ
materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which
it is made, and, except as required by law, Athlon does not undertake
any obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise. New
factors emerge from time to time, and it is not possible for Athlon to
predict all such factors. When considering these forward-looking
statements, you should keep in mind the risk factors and other
cautionary statements in the prospectus filed with the SEC in connection
with this offering. The risk factors and other factors noted in Athlon’s
prospectus could cause our actual results to differ materially from
those contained in any forward-looking statement.